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Weekly Cannabis Roundup November 5

Veriheal

New York’s rec market is slowly but surely rolling out, a peer-reviewed study linked state cannabis prohibition to high race-based arrests, and an analysis of thousands of Army records revealed that recruits with a history of cannabis use are just as likely as their peers to excel. Let’s dive into this week’s cannanews.

History 104
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Study: Adult Use Retail Customers Frequently Substitute Cannabis for Opioids, Other Prescription Drugs

NORML

Adults who purchase retail cannabis typically report using it to mitigate pain and to improve sleep, and often use it in place of conventional medications, according to data published online today in the Journal of Psychoactive Drugs.

Retail 206
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Oklahoma’s 195 Medical Cannabis Dispensaries Generate More Revenue The City’s Bars

Cannabis Law Report

Oklahoma City medical marijuana dispensaries are plentiful, and so too are the profits they generate for the city. The city alone, not including any of the other cities in the metro area, now has nearly 195 dispensaries open and operational. Writes the Oklahoman. million total sales tax collections for the month. More at [link].

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Cannabis and banking vets launch credit card for dispensaries

Cannabis Law Report

That leaves dispensaries managing and protecting massive sums of cash, and the stores cannot offer a modern retail payment system to the consumer. The company will issue and process credit cards that will work in dispensaries. Tsang has a long history in the banking world. SuperNet has a solution.

Banking 52
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Press Release: Pritzker Administration Announces All First Round Conditional Adult Use Cannabis Dispensary Licenses Have Been Issued

Cannabis Law Report

To date, Illinois has made and executed the greatest commitment of adult use cannabis tax revenue to community reinvestment, expunged the most criminal history records involving cannabis, and has the highest rate of minority ownership of any state reporting/collecting ownership demographic data in the country.

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Who Spends the Most Between Recreational and Medical Cannabis Consumers?

Veriheal

Headset , a leading cannabis data and market intelligence platform, recently conducted an audit of cannabis sales data around the United States—and the discoveries were interesting. Headset’s data shows that medical cannabis consumers tend to spend more money in order to purchase a larger supply at one time.

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Know Your Brand: Kaviar

Illinois News Joint

The list of cannabis brands to choose from on dispensary menus seems to be expanding by the day, and even we are losing track. The Kaviar Cone currently is the only “1.5g” infused preroll on Illinois dispensary menus. We kick off our Know Your Brand series with Kaviar. Kaviar produces exotic craft flower and a 1.5-gram